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PRESS STATEMENTS
2007
Date Articles
26 Feb 2007 PETRA PERDANA PROPOSES TO SEEK SHAREHOLDERS’ MANDATE FOR DIVESTMENT OF UP TO 10% SHARE CAPITAL IN PETRA ENERGY
KUALA LUMPUR, 26 FEBRUARY 2007 – Petra Perdana Berhad (“Petra Perdana” or “Company”) has proposed to seek a general mandate from its shareholders to allow the Company to divest up to 19,500,000 ordinary shares of RM0.50 each in Petra Energy Berhad (“Petra Energy”), representing 10% of the enlarged issued and paid-up share capital of Petra Energy after the listing of Petra Energy on the Main Board of the Bursa Malaysia Securities Berhad (“Proposed Listing”) through open market and/or placements (“Proposed Divestments”).
09 Feb 2007 PETRA RECEIVES OFFER FOR PLACEMENT OF 27,000,000 PETRA PERDANA SHARES
KUALA LUMPUR, 9 FEBRUARY 2007 – Petra Perdana Berhad (“Petra Perdana” or “the Company”), an integrated oil & gas services provider, received an offer for placement of 27,000,000 new ordinary shares of RM0.50 each representing approximately 10% of the issued and paid-up share capital of Petra Perdana (“Proposed Placement”) from HL Management Co Sdn Bhd (“HLMC”), at a placement price of RM2.75 per share, which is a discount of approximately 10% from the 5-day weighted average market price (“WAMP”).